The release of nine new Ethereum spot ETFs has significantly influenced whale activity in the cryptocurrency market. 🐳 Whale activity is clearly being impacted by the release of Ethereum’s 9 new spot ETF’s. Since July 17th, the amount of ETH transfers exceeding $100K in value is +64% higher than the amount of BTC transfers, and +126% than the amount of USDT (on ETH) transfers. 🤯 pic.twitter.com/SnLem6ko5G — Santiment (@santimentfeed) July 23, 2024 Since July 17, the number of Ethereum (ETH) transfers exceeding $100,000 has surged by 64% compared to Bitcoin (BTC) transfers and by 126% compared to USDT transfers on
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